ACLC GUADALUPE MAKATI “The Impact of using social media marketing on business and entrepreneurs” A Thesis Proposal Presented to the Faculty of ACLC-Guadalupe Makati In Partial Fulfillment for the Capstone Project in Work Immersion (SHS) Submitted by: “YNGWEE DARVIN O. SALVO” Daniel E. Diocares Jr. 1 | Page ACLC GUADALUPE MAKATI Thesis Adviser 2021 TABLE OF CONTENTS “The Impact of using social media as a marketing strategy around the world” ABSTRACT Social media has become prominent in the 21st century. Companies are persistently looking for ways to utilize this new platform within their marketing strategies to increase business growth. Since social media is a networking and communication platform, companies need to create a voice to humanize the business and maintain foot traffic. Although there are studies on how to use social media marketing within a business, there is minimal corroboration available on how social media marketing activities influence a consumer’s buying behavior. This study investigated the effects of social media on consumer attitudes 2 | Page ACLC GUADALUPE MAKATI toward social media marketing and purchasing behavior from the perspective of Northern Virginia (NOVA) Community College students. A survey that inquired about the perceptions toward social media marketing were given to 20 participants from Northern Virginia (NOVA) Community College. Responses to the survey showed that 95% of the participants use social media platforms daily. The most used social media platforms are Facebook and Snapchat with 22.7% of participants having an account on these platforms, and 70% of participants indicating using more than 3 social media platforms. The results showed that 55% of the respondents say that online visibility would affect their purchases. The most important factor for a business using social media was customer engagement and the least important factor was the timing of posts. The survey also revealed that only 55% of the respondents post about products or services of a business. However, 95% of the respondents believe that a business will receive better results when it comes to customer loyalty and profits if social media is integrated into marketing and 75% of the respondents believe that social media is the best way to reach a 3 | Page ACLC GUADALUPE MAKATI business’s targeted audience. The results also suggest that people are more likely to share an experience they have had with a business rather than sharing sales or promotions a business is offering. According to the results of this study, purchasing behavior is more likely to have a positive effect on a business when using social media platforms for marketing strategies. This iii conclusion emphasizes the importance of social media marketing for a positive increase in brand loyalty, brand recognition, and foot traffic. Chapter 1 – The problem and its Background Introduction In recent years the online environment is viewed by users from a new perspective, in a commercial way. Its development and the emergence of online stores have turned users into consumers. Social media is used for communicating with other people, making it possible for trades in goods or sell. 4 | Page ACLC GUADALUPE MAKATI Social media is the new communal gathering place for many Americans and others around the globe. Users rely on social media avenues to receive and share information about their communities, businesses, politics, lifestyles, and for pure entertainment. For example, the 2016 presidential election flooded Twitter, Facebook and Instagram. In fact, Presidents have used these social media outlets, particularly Twitter, to share updates on policies and upcoming events in the country. According to Pew Research Center, nearly two-thirds (65%) of adults now use social networking sites (Perrin, 2015). With social media being prevalent amongst the younger generation, businesses have refocused their organizational structure specifically on marketing through social media. Social media websites and blogs reach about 80% of all Internet users in the Entire world (Emow, 2012). With such a vast majority of the population using the internet to connect with each other for entertainment, networking, and business, one can ask the following question: How does social media affect sales in a company? More specifically, this research is interested in the impact of social media avenues on customer perceptions and 5 | Page ACLC GUADALUPE MAKATI attitudes. The impact of social media on business revenue will be explored, analyzed and discussed in this study. The study will also explore the value of social media, how social media is utilized by consumers, and how businesses can use social media to their advantage. BACKGROUND OF THE STUDY an important role of social media has changed the way consumers and marketers communicate. (Hennig-Thurau T., Gwinner K., Walsh G. & Gremler D., 2004)entrepreneurs have the advantage of more income for themselves, In Which Sales play a vital role in the growth of any business. an important role of social media has changed the way consumers and marketers communicate. (Hennig-Thurau T., Gwinner K., Walsh G. & Gremler D., 2004) Informational society influences affect the consumer buying decision and product evaluations. Social media 6 | Page ACLC GUADALUPE MAKATI provides a new channel to acquire product information through peer communication, (Kozinets, 1999). However, with the aid of information and modern communication technologies, consumers can shop via the Internet using several Social Media and different websites (Toomey and Wysocki, 2005). This type of shopping mode can come in several names such as online shopping, online buying behavior, and Internet shopping. All names of shopping modes refer to the process of purchasing and buying products or services via the Internet using several Social Media and different websites (Li and Zhang, 2002). Social Media (SM) are web-based services that are also known as “Social Networking Sites”. Social Media (SM) refers to a network of relationships and interactions among different users (groups or individuals) (Kempe & Chin, 2003). Social Media such as Facebook, Instagram, and Twitter enable users to maintain great connections among themselves as well with others (Ellison & Kozinets, 2007) by achieving more than one task and facilitating the way of communicating and sharing different information (comments, thoughts, videos, and images) (Kietzmann, 2011). Social Media is playing a significant role in different aspects 7 | Page ACLC GUADALUPE MAKATI of our lives. What is interesting about SM is that it supports users in several sectors, such as business, marketing, advertising, and education (Hennig-Thurau et al., 2010). From a business perspective, businesses and buyers can interact directly by SM with each other, and thereby find whatever products and services they are looking for (Parson, 2013). Consumers today are progressively utilizing technology and particularly Social Media as an effective tool in their online shopping process. This process can be defined as an electronic process that allows consumers to deal with businesspeople and meet their purchases’ needs. Pookulangara and Koesler (2011) in their study of social media marketing indicated that SM enables 25% of all consumers to post links about products and services information in their retail sites to update other users about the purchase process. Another study by Miller (2010) stated in his research on online marketing that social marketing has made a very important role in persuading consumers to buy online. He found that 70% of consumers are visiting Social Media to get useful information, 49% of them decided to buy a certain product and 60% of consumers prefer to 8 | Page ACLC GUADALUPE MAKATI share their information about the products with others online. However, the actual transactions of purchasing processes occur for only 7% of consumers (Miller and Lammas, 2010). Online shopping is growing everywhere and different categories of consumers are influenced by this phenomenon. For instance, the percentage of online buyers is increasing in India, China, Japan, and Australia to about 87%, 85% (North Asia and Europe), 83% (North America), 81% (South and Latin America), and 53% (Africa and Pakistan) (Solorzano, 2011). The overall online purchasing process has enabled 875 million consumers to boost the percentage of other online shoppers to 40% in the recent two years due to the recommendations posted in different SM about products. The sales process consist of different practices, and one of them is getting to know your customers and establishing secure relationships with them." social media" as we all know, connects people and can help businesses get more information about their customer. It enables entrepreneurs to find out how their business 9 | Page ACLC GUADALUPE MAKATI is perceived by their customers, including what their customers think of their competitors, allowing them to make the necessary changes in their products or services and initiate conversations to cultivate a prospect or sales lead. STATEMENT OF PROBLEM But this Includes some problems or difficulties - perhaps the distinguished challenge posed by social media is the ability of an entrepreneur to create compelling content regularly. Too many business owners are eager to jump into social media, yet they do not have a sound content strategy or the ability to commit long term. Customers are overwhelmed by marketing commercials and promotional events. The sensitivity of customers to get excited is fading out during promotional events and consumers are beginning to resist the effect of some companies marketing them. The introduction of the Internet has changed the way organizations promote their products and services and products as well as the channels of communication between them and their customers. This is seen in the way they market and communicate their brands and products, which has become a challenging project. 10 | Page ACLC GUADALUPE MAKATI The promotional focus of some organizations is on the conventional mass media advert style, which includes commercial TV, radio jingles, and advertisements in print formats such as newspapers and magazines along with billboard placements. It is now on record that as the Internet is fast advancing across the global marketplace, the effectiveness of traditional mass media is fast on the decline. It is on this background that this study needs to be carried out to determine the rate at which social media can contribute to the sales of Brands. Objectives of the study: The research aims to determine the impact of social media on consumer buying behavior toward brands. The study specifically determines to: 1. Examine consumers’ perception of buying brands online. 2. Examine the factors that motivate consumers to buy the brand through social media. 3. Examine how much social media has affected consumers’ buying Behavior of the brands. 11 | Page ACLC GUADALUPE MAKATI THEORITICAL FRAMEWORK This section of the study presents the different theories and paradigms/models that are related to the subject of this thesis that can be used for the analysis of marketing using social media, platform marketing, and brands. Social Media - Social media are interactive technologies and digital channels that facilitate the creation and sharing of information, ideas, interests, and other forms of expression through virtual communities and networks. Platform Marketing-A marketing platform enables businesses to promote their products and services. It also allows companies to create an interactive system of communication between their business and customers. It's necessary to have a basic understanding of marketing platforms to compete efficiently in the online marketplace. 12 | Page ACLC GUADALUPE MAKATI Brand-A brand differentiates a product from similar other products and enables it to charge a higher premium, in return for a clear identity and greater faith in its function. A brand is also likely to survive longer than just an undifferentiated product. A brand is akin to a living being: it has an identity and personality, name, culture, vision, emotion, and intelligence. All these are conferred by the owner of the brand and need to be continuously looked at to keep the brand relevant to the target it intends to sell to. CONCEPTUAL FRAMEWORK INPUT Social Media Marketing Actevities 1.Profile Respondent of online communities 2. Indicators that your respondents are online OUTPUT Relations hip Equity PROCE SS Purchas e Intention (The Research Paradigm presents the connection of online platform through the respondent using of gathering procedure with the use of survey questionnaires and categorized ideals for the consumer) 13 | Page ACLC GUADALUPE MAKATI 1 STATEMENT OF THE PROBLEM This sought to Answer And Asses for a thorough analysis of online interaction for the Study of Platform marketing for brands and ideals. Profile Respondent of online communities 1. Who is your customer? Male or female AgeHighest Degree AccomplishLocation- 2. Where is Your Audience? Are they online? (yes or no) Where do they shop? (Shoppe or Lazada) belong to the association? (Any club on Facebook or Twitter) 1 14 | Page ACLC GUADALUPE MAKATI Publications they read? (Any Sites of Articles) 3. What differentiate you? What's your elevator pitch? (Qualifications) What makes you unique? (Craft a compelling story) 4. What are your goals? Establish your brand? (yes or no) Increase Visibility? Generate traffic to a website? Grow sales and revenue? 5. How will you execute? What do you need to learn? What tools are necessary? Who is Responsible? How will you measure? How will you measure? 15 | Page ACLC GUADALUPE MAKATI 6. When will you communicate? What social network? How often will you post? Will you blog? Will you use visual/video? RELATIONSHIP EQUITY -(Individuals maximize rewards minimize cost)-(Negotiation occurs to produce fairness)-(The relationship produces distress if there is inequity)-( The disadvantaged person is always trying harder to make the relationship more equitable)- PURCHASE INTENTION the willingness of a customer to buy a certain product or a certain service. SCOPE AND DELIMATIONS OF THE RESEARCH The scope of this study will focus on the impact of social media platforms on consumer buying behavior. 16 | Page ACLC GUADALUPE MAKATI SIGNIFICANCE OF THE STUDY The short duration of the project research and the interference of other academic work will affect the timely conclusion of the work. Being a student, the researcher has little means of earning and so the finance needed to travel to places to acquire data for the research work will be difficult to get, however, the researcher intends to try her possible best to acquire the finances needed for the project to be carried out. THIS STUDY WILL GREATLY BENEFIT THE FOLLOWING: Consumer Buying Behavior Faster Consumer Behaviour Acceptable Consumer Decision Making Easy Economic Factors High Socio-Cultural Factors Many 17 | Page ACLC GUADALUPE MAKATI Definition of Terms Consumer Behaviour Schiffinan and Kanuk (2004) define Consumer Behaviour as the behavior that customers display in searching for, purchasing, using, evaluating, and disposing of products and services that they expect will satisfy their needs. Consumer buying behavior incorporates the acts of individuals directly involved in obtaining, using, and disposing of economic goods and services including the decision process that precedes and determines these acts (Huctings 1995). Consumer Decision Making Mahatoo (1985) defines the Consumer Behavior decisionmaking process as consisting of several steps that begin before the purchase and reach beyond the buying act. He suggests that marketers have to go beyond the various influences on buyers and develop an understanding of how consumers make their buying decisions. 18 | Page ACLC GUADALUPE MAKATI Economic Factors Economic Factor is the set of fundamental information that affects a business or an investment’s value and a buyer’s spending behavior. According to Brassington (2011), economic factors include among others; the level of income, credit availability, attitude towards spending, and liquid assets. Socio-Cultural Factors Social-cultural factors include several factors that characterize the relationships and activities of a group of people within a particular set environment (Jones, 2007). Consumer Buying Behavior This refers to the multi-step decision-making process people engage in and the actions they take to satisfy their needs and wants in the marketplace (Kotler, 2008). Chapter 2 – Related Literature and Studies Related Literature 19 | Page ACLC GUADALUPE MAKATI LITERATURE REVIEW Social media has captured the attention of many young adults in the 21st century and is becoming a valuable source amongst the youth. Businesses have found that social media has a favorable impact on foot traffic and revenue because the younger generation is looking to the internet to verify the quality and legitimacy of businesses before they spend their hard-earned money. Theoretically, if upcoming businesses incorporate social media into their business functions, especially in the 21st century where technology is prevalent, business revenue will increase significantly. Therefore, it is important to answer the following question: How does social media impact purchasing decisions? In this modern age and the current technology era, social media has shown to make an impact on a business. For example, United Airlines had received a lot of backlash on the internet following the incident where a passenger was forcibly removed from an overbooked plane. According to CNN, after thousands of socialites shared the brutal video around the internet, United took a hit on the stock market, with shares slipping by 4% and their market value plummeted by $1 billion (McKirdy, 2017). The question becomes 20 | Page ACLC GUADALUPE MAKATI more specific: What can social media tell us about people’s attitudes toward businesses and their products or services? RELATED STUDIES Since the rise of social media, businesses have taken upon themselves to adapt to newer marketing strategies, specifically social media marketing, for their benefit. Social media marketing is an essential component of business in the 21st century. Small business leaders are using this marketing strategy to promote their business to gain visibility, viability, and sustainability to survive in the current competitive era (Taneja 2014). Social media marketing is 8 defined as “the process of gaining traffic or attention through social media sites”. For social media marketing to be effective, Zhu (2015) argued that marketing efforts need to be congruent and aligned with the different needs of social media users. Marketing objectives of social media marketing are awareness, brand values or reputation, development of relationships and sales. However, the most important objective that businesses should reflect within their social media campaigns is effective communication and engagement with their consumers. Taneja (2014) analyzed the importance of small businesses incorporating social media into their marketing efforts. In order for businesses to sell products or services through social 21 | Page ACLC GUADALUPE MAKATI media effectively, they must build a relationship with their targeted audience. Effective customer relationship management begins with properly identifying, maintaining and developing good relationships with customers and providing value in an effort to properly allocate marketing resources to relationship developing (Taneja, 2014). In order to build brand loyalty, it is essential that businesses move from a productoriented approach to a customer-oriented approach. SOCIAL MEDIA’S IMPACT BUSINESS The wide spread generation and consumption of content has created an extremely competitive online environment where different types of content vie with each other for the scarce attention of the user community (Asur, 2012). Social media had first developed popularity due to the number of users interacting amongst themselves. Businesses soon took note of the amount of online attention social media sites began to attract and realized the potential of attention that social media can generate (Asur, 2012). Thus, online traffic turned into monetary value. Social media marketing has since become a popular brand of online marketing. Businesses have taken advantage of the many marketing strategies that social media have to offer. One strategy is structuring their business model on ads that are similar to Google. When Google began to dominate online searches in the early 2000s, it did not 22 | Page ACLC GUADALUPE MAKATI take long for them to discern a then unique model of monetization of search, through online advertising 9 (Asur, 2012). This method is profitable because people on average spend ample amount of time searching the web. The number of users constantly on the internet has been amplified by the availability of social media platforms. Businesses have also created their own social media pages so that consumers can subscribe to their feeds and essentially be a forum for consumertobusiness communication. This can provide an opportunity for businesses to not only interact with their consumers, but to also see what their competitors are doing and how they are engaging with their customers. As an example of how organizations can use mobile marketing and social media, Flat Tummy Tea has proven month on month growth since its establishment in 2013 at a rate of over 400% annually (Synergy, 2015, para. 5). Flat Tummy Tea is a uniquely formulated two-step herbal detox tea that works naturally help speed metabolism, boost energy and reduce bloating to flatten the user’s belly. They have accomplished this growth rate through embracing the internet and utilizing social media effectively as a key part of their marketing. The company’s secret is a very specific process and ROI based algorithm used on various online platforms, specifically on Instagram (Synergy, 2015, para. 6). One of their key 23 | Page ACLC GUADALUPE MAKATI activities were simply using individuals with a strong social media following, such as celebrities. Flat Tummy Tea has built a social media following of over 500,000 on Instagram, many whom are new customers (Synergy, 2015, para. 6). Chapter 3 – Methodology The following sections detail the research design, the participants of the study, and the methods and procedures to conduct the study. The study’s methods and procedures were assessed by the Old Dominion University College of Education Human Subjects Review Committee. RESEARCH DESIGN In order to determine the impact of social media marketing on individuals’ attitudes and perceptions, a descriptive correlational survey method was used. This method was used to assess the demographic profiles, such as sex and age, of each of the participants, along with their social media use. Additionally, each respondent was asked to fill in a survey questionnaire in order to determine the factors that may affect their attitudes and perceptions when using 24 | Page ACLC GUADALUPE MAKATI social media to connect with businesses. The purpose of the study was to answer the following research questions. RESEARCH QUESTIONS • How do individuals perceive the usage of social media? • What are the attitudes toward social media marketing? • How has social media impacted customer loyalty and purchase decisions? • How can companies use social media to improve customer interaction? • What are the most important factors in making social media marketing effective? PROCEDURES There were 20 respondents within this study, each with similar backgrounds and social habits. Participants were administered a questionnaire to complete in depth. In Section I of the 13 questionnaire, there are questions related to demographic characteristics of the participants. Section II focused on the participants’ attitudes toward businesses using social media marketing. This is to determine how these behaviors can affect customer perceptions and purchasing decisions. The questionnaire is divided into two parts . For a higher response rate, the researcher administered the questionnaire to participants. Prior to the questionnaire, the purpose and significance of the study was briefly explained. The respondents were given 30 minutes to complete the survey. After the questionnaires were completed, responses were compiled to be analyzed. LOCALE OF THE STUDY 25 | Page ACLC GUADALUPE MAKATI The study was conducted at Northern Virginia Community College Woodbridge Campus (NOVA). Research Instrument The participants in this study were full-time NOVA students between the ages of 18-30. This age group spend ample amounts of time on social media and are specifically targeted when it comes to social media marketing. There was a total of 20 participants in the study. Participants were chosen through random sampling. After the overview of the study was explained, the participants were given the option to accept or deny participation. All participants agreed to participate and answer each question truthfully. A maximum of 30 minutes was allotted for the participants to complete the questionnaire. Statistical Treatment of Data The primary data collection technique used in this study are survey research. After each respondent was selected, they were each given a different time slot to come into the facility at NOVA Community College and complete the survey questionnaire. There were 2 participants appointed in each session. The participants were seated apart, and the questionnaire was distributed by hand, along 26 | Page ACLC GUADALUPE MAKATI with a pencil and/or pen. The researcher was available in case any questions need to be clarified. After the survey was completed the participants were free to leave. Frequency and Percentage DistributionAfter retrieval of the completed questionnaires, responses were tabulated and the results were compiled. The results were analyzed to uncover factors or social behaviors toward social media marketing. The study used descriptive analysis to understand the impact of social media marketing on participants’ attitudes and perceptions. Observations were made using the compiled results from the survey. Chapter III provided a discussion of the chosen research design in order to answer the research questions of this study. The descriptive correlational survey method was used to assess the demographic profiles, such as sex and age, of each of the participants, along with their social media use. In order to analyze the factors that may affect the participants’ attitudes and perceptions when using social media to connect with businesses, each respondent was asked to fill in a survey. The study was conducted at Northern Virginia (NOVA) 27 | Page ACLC GUADALUPE MAKATI Community College, with 20 students being the participants. Survey research technique was then used to collect the data and compile the results. Descriptive analysis was used to understand the impact of social media marketing on participants’ attitudes and perceptions. CHAPTER IV: FINDINGS To discover the relationship between of social media and customer purchase decisions and equity, the responses of 20 participants who were between the ages of 18 to 30 years to a questionnaire about their attitudes towards businesses using social media marketing were analyzed. A response rate of 100% was achieved in this study. The following section represents the analysis of the responses to the questionnaire administered in this study Gender and age of respondents From the results of the questionnaire, most of the respondents were young females. From the total 20 respondents, 11 were females (55%) whereas 9 were males (45%). Of those percentages, the survey revealed that 70% of the respondents were under the age of 28 | Page ACLC GUADALUPE MAKATI 25, predominately female. The other 30% of the respondents were above the age of 25. Table 1 shows the gender distribution of participants in the study. Figure 1 shows the age of the participants. Table 1.Gender of the Respondent 29 | Page ACLC GUADALUPE MAKATI GENDER # OF RESPONDENT # OF RESPONDENTS Female 11 55 Male 9 45 TOTAL 20 FIGURE 1 AGE OF RESPONDENTS 30 | Page 100 ACLC GUADALUPE MAKATI Age Of Respondents Number of Respondents 1 8 6 6 18 20 21 28 25 30 AGE Social media usage All of the respondents have a social media account, confirming the assumption that everyone is engaged in some sort of social media. From the 20 respondents in the study, 70% have three or more social media accounts, whereas the other 30% has at least one social media account. In Figure 2 the analysis of social media platforms that are used by the respondents is shown. Since most of the respondents use more than one social media platform, the percentages are reflected differently. Figure 2 also shows that the social media platform that was most used by the participants were Facebook and Snapchat (both at 22.7%) Figure 2 31 | Page ACLC GUADALUPE MAKATI Social Media Used by Respondents Time Spent on Social Media The respondents reported how often they use social media and the amount of time they spend on social media per day. Results show that 95% of the respondents noted that they connect every day to a social media platform. The other 5% of participants reported connecting to a social media platform once a week (see Figure 3). Of the 95% that connect every day, 63%, reported that they spend 3 or more hours a day on social media periodically (see Figure 4). Figure 3 : Time spent on social media platforms According to respondents Time spent on social media per week 32 | Page ACLC GUADALUPE MAKATI Figure 4 :Time spent on social media platforms According to respondents Time Spent on social media per day Online Visibility 33 | Page ACLC GUADALUPE MAKATI Responses to the questionnaire show that 95% of the participants use social media on a day-to-day basis. This figure may be important when deciding whether it is necessary for a business to opt into social media as a selling strategy. The participants were also asked if the online visibility of a business would affect their purchase. Results show that 55% of the respondents says that online visibility would affect their purchase, while the other 45% says that it would not (see Figure 5). Figure 5 : Significance of online visibilty Descriptive Analysis The participants were asked to rate what are the important factors for a business using social media on a scale of 1 to 5, with 1 being the most important and 5 being the least important. The variables in this rating question include consistency of posts, type of content, customer engagement, online promotions and timing of posts. A descriptive analysis was conducted after tabulating the results of the question, specifically focusing on the most important and the least important. The least important factor was the timing of posts and the most important factor was customer engagement. The results are reflected in Table 2. 34 | Page ACLC GUADALUPE MAKATI Variables Least Importa nt Most Importa nt 1 3 3 4 5 5 7 N Mean Rating 1 9 3.73 Standa rd Deviati 1.28 on Consistency of post Type of content posted 2 2 3 7 5 3 2 3 2 0 2.45 1.47 Customer Engagement 9 7 1 2 1 2 0 1.95 1.19 Online promotion Timing of post 3 4 5 3 4 3.05 1.39 0 1 6 8 5 1 9 2 0 3.85 0.87 Table 2 : Descriptive Analysis of what the participants Believe are Important factors for a business Using Social Social Media Marketing Results show that 55% of the respondents post about products or services a business offers while the other 45% of the respondents do not. Although the participants may or may not post about the products or services a business is offering, 95% of the respondents believe that a business will receive better results when it comes to customer loyalty and profits if social media is integrated into marketing. Since social media is integrated into everyday life, it is important for businesses to utilize this avenue of marketing. The results also show that 75% of the respondents believe that social media is the best way to reach a business’s targeted audience, whereas the other 25% believe that there are other useful ways to reach a target market. Social Media Activities Since new technologies have been dominated by social media, businesses have decided to expand their horizons by joining this social movement. Businesses have set up their profiles online in hopes of attracting members in the online community. Out of the 20 participants in this study, results show that 80% of the respondents follow a business on social 22 35 | Page ACLC GUADALUPE MAKATI media. Of the 80% of respondents, only 35% (7 of 16) keep up to date with sales and promotions by using social media (see Figure 6). Results show that out of the other 20% that do not follow a business on social media, less than 5% (1 of 4) keep up to date with sales and promotion (see Figure 7). The responses of the questions suggest that although people are not likely to share promotions or keep tabs on a business via social media, they do pay attention. Despite of this hypothesis, the results show that 90% of the respondents have taken advantage of a sale they heard about via social media. Figure 6 : Respondents Following a business on Social Media 36 | Page ACLC GUADALUPE MAKATI Figure 7: Respondents Keeping Up to Date with a Business on Social Media Social Media Experience The participants were asked about the likeliness of sharing an experience they have had with a business on their social media accounts. The results show that 10% of the respondents are very likely to share an experience had on social media, 55% of the respondents are somewhat likely, and 35% of the respondents are unlikely (see Figure 8. The participants were also asked about the likeliness of sharing sales or promotions that a business offers on their social media accounts. The results show that 10% of the respondents are very likely to repost a sale or promotion codes to friends, 40% of the respondents are somewhat likely, and 50% of the respondents are very unlikely (see Figure 9). Responses to the questions suggest that people are more likely to share an experience they have had with a business rather than sharing sales or promotions a business is offering. 37 | Page ACLC GUADALUPE MAKATI Figure 8: Likeliness of Sharing an Experience on Social Media Figure 9: Likeliness of Sharing Promotions on Social Media 38 | Page ACLC GUADALUPE MAKATI SUMMARY Responses to the questionnaire with 20 participants from NOVA Community College show that 95% of the participants use social media platforms on a daily basis. The most used social media platforms are Facebook and Snapchat with 22.7% of participants having an account in these platforms, and 70% of participants indicating using more than 3 social media platforms. The results showed that 55% of the respondents say that online visibility would affect their purchase. The most important factor for a business using social media was customer engagement and the least important factor was the timing of posts. The questionnaire also revealed that only 55% of the respondents post about products or services of a business. However, 95% of the respondents believe that a business will receive better results when it comes to customer loyalty and profits if social media is integrated into marketing and 75% of the respondents believe that social media is the best way to reach a business’s targeted audience. The likeliness of the respondents sharing an experience they have had on social media are 10% very likely, 55% somewhat likely, and 35% unlikely. The likeliness of the respondents reposting a sale or promotion codes to friends are 10% very likely, 40% somewhat likely, and 50% very 10% 40% 50% Likeliness of Sharing Promotions on Social Media Very Likely Somewhat Likely Very Unlikely 25 unlikely. These results suggest that people are more likely to share and experience they have had with a business rather than sharing sales or promotions a business is offering. References Andzulis, James “Mick” (2012) A Review of Social Media and Implications for the Sales Process. Journal of Personal Selling & Sales Management. Vol. 32(3). pp 305 Asur, S. (2012). The Economics of Attention: Social Media and Businesses. Social Media 39 | Page ACLC GUADALUPE MAKATI and Business, 37(4), 77-85. doi:10.1177/0256090920120406 Davis, R. (2014). Social Media Branding For Small Business: The 5–Sources Model. New York, US: Business Expert Press. Retrieved from http://www.ebrary.com Edosomwan, S., Prakasan, S. K., Kouame, D., Watson, J., & Seymour, T. (2011). The history of social media and its impact on business. Journal of Entrepreneurship, 16(3), Applied Management and 79-91. Retrieved from http://proxy.lib.odu.edu/login?url=https://searchproquestcom.proxy.lib.odu.edu/docview/889143980?accountid=129 67 Ehrens, T. (2014, November). What is customer relationship management (CRM) ? - Definition from WhatIs.com. Retrieved July 21, 2017, Emow, from Lindsay http://searchcrm.techtarget.com/definition/CRM (2012). 10 Social Media Facts. Rural Telecommunications, 31 (6), pp.8. Retrieved from ProQuest Hunsinger, J., & Senft, T. M. (Eds.). (2013). The social media handbook. Retrieved from https://ebookcentral.proquest.com 30 Lalwani, R. (2012). Social Media and Business. The Journal for Decision Makers, 37(4), 69-71. doi:10.1177/0256090920120406 Long, Mia C (2011) Beyond the Press Release: Social Media as a Tool for 40 | Page ACLC GUADALUPE MAKATI Customer Engagement. Social Media: Usage and Impact. pp 235. Lexington Press. Marshall, Greg W., William C. Moncrief, and Felicia G. Lassk (2012) Revolution in Sales: The Impact of Social Media And Related Technology On The Selling Environment. Journal of Personal Selling & Sales Management. Vol. 32(3). Pp 349 Marshall, Greg W., William C. Moncrief, and Felicia G. Lassk (1999), “The Current State of Sales Force Activities,” Industrial Marketing Management, 28(1), 87-98. McDonald, M., & Meldrum, M. (2013). Marketing in the digital age. In The complete marketer: 60 essential concepts for marketing excellence (pp. 85-110). London: Kogan Page Limited. McKirdy, E. (2017, April 27). United Airlines incident: David Dao swung fists violently, officers' reports say. Retrieved November 17, 2017, from http://www.cnn.com/2017/04/25/us/unitedairlines-incident-officersreport/index.html Connected. Morrow, M. Nursing Science (2014). Social Quarterly, Media: 27(4), Staying 340- 340. doi:10.1177/0894318414546423 31 Newman, Daniel (2016, Feb 9) Most Fortune 500 CEOS Don’t Use Social Media, And That’s AOK. Retrieved 41 | Page from ACLC GUADALUPE MAKATI http://www.forbes.com/sites/danielnewman/2016/02/09/mostfortune-500- ceos-dont-use-social-media-and-thats-a- ok/#67b22a7c1245 Perrin, Andrew (2015, April 9th). Social Media Usage: 2005-2015. Retrieved from http://www.pewinternet.org/2015/04/09/teens-social-mediatechnology-2015/ Staff, I. (2017, July 19). Return On Investment ROI. Retrieved July 21, 2017, from http://www.investopedia.com/terms/r/returnoninvestment.asp Taneja, S., & Toombs, L. (2014). PUTTING A FACE ON SMALL BUSINESSES: VISIBILITY, VIABILITY, AND SUSTAINABILITY THE IMPACT OF SOCIAL MEDIA ON SMALL BUSINESS MARKETING. Academy of Marketing Studies Journal, 18(1), 249-260. Retrieved from http://proxy.lib.odu.edu/login?url=https://search- proquestcom.proxy.lib.odu.edu/docview/1645849603?accountid=12 967 UPDATE - Synergy CHC Corp Acquires "Flat Tummy Tea," an Australian Company With Significant Social Media Presence. (2015, November 17). Retrieved November 28, 2017, from https://finance.yahoo.com/news/synergy-chc-corp-acquires-flat145857701.html Zhu, Y., & Chen, H. (2015). Social media and human 42 | Page ACLC GUADALUPE MAKATI need satisfaction: Implications for social media marketing. Business Horizons, 58(3), 335-345. doi:10.1016/j.bushor.2015.01.006 [1]. As‟ad, H. Abu- Rumman & Alhadid, Anas Y . (2014).The impact of social media marketing on Brand Equity: An Empirical study on Mobile Service Providers in Jordan ,Review of Integrative Business & Economics Research , Vol 3(1). [2]. Babac, R. (2011). Impact of Social Media Use on Brand Equity of Magazine Brands, Unpublished Master‟s Thesis, Halmstad University, Sweden. [3]. Berselli, S. & Burger, S. & Close, J. (2012) .Crisis Mapping Community Social Media Information Unpublished During and After master thesis, Victorian Large-Scale Emergency Disasters, Services Foundation, Victoria. [4]. Blackshaw, P., &Nazzaro, M. (2004), _consumer-Generated (CGM) 101: Word Of Mouth In the age of the Web Fortified consumer „, Retrieved From htpp://www.nielsenbuzz Metrics.com/whitepapers. [5]. Chi, Hsu-Hsien. 2011. “Interactive Digital Advertising VS. Virtual Brand Community: Exploratory Study of User Motivation and Social Media Marketing Responses in Taiwan.”Journal of Interactive Advertising 12: 44-61. [6]. Fischer, E. 43 | Page ACLC GUADALUPE MAKATI & Reuber, R. (2011). Social interaction via new social media: (How) can interactions on Twitter affect effectual thinking and behavior?, Journal of Business Venturing, (26), PP. 3-21. [7]. Gordhamer, S. (2009), “4 ways Social media is changing Business”, retrieved from http://Mashable.com /2009/09/22/Social-MediaBusiness/. [8]. Jan, Anisa. & Khan, M.Furqan.(2014).“Social Media Is Nothing but a Public Relation Tool.” The International Journal Of Business & Management (ISSN 2321 – 8916), Vol 2(12). [9]. Kaplan, Andreas M. and Michael Haenlein. 2010. “Users of the World, Unite! The Challenges and Opportunities of Social Media.” Business Horizons 53: 59-68. [10]. Kietzmann, J.H., Hermkens, K., McCarthy, I.P. & Silvestre, B.S. (2011), ‗Social media? Get serious! Understanding the functional building blocks of social media„, Business Horizons (Article in Press). [11]. Mangold, W. G. & Faulds, D.J. (2009), ‗Social media: The new hybrid element of the promotion mix„ Business Horizons, Vol. 52, pp. 357-365. [12]. Taprial , V. & Kanwar, P. (2012). Understanding Social Media, United States: Ventus Publishing. [13]. Weinberg, T (2009),”the New Community Rules: Marketing on the Social Web”, 1stEdition ,O‟Reilly: California 44 | Page ACLC GUADALUPE MAKATI 45 | Page